Scott Kelly C. 4
4 · LYDALL INC /DE/ · Filed Jul 27, 2020
Insider Transaction Report
Form 4
Scott Kelly C.
VP, CHRO
Transactions
- Award
Common Stock
2020-07-23+5,380→ 5,380 total - Award
Option to Buy
2020-07-23+11,408→ 11,408 totalExercise: $16.27From: 2021-07-23Exp: 2030-07-23→ Common Stock (11,408 underlying)
Footnotes (2)
- [F1]Represents an award of Performance Shares granted under the Lydall, Inc. Amended and Restated 2012 Stock Incentive Plan, which award is subject to substantial risk of forfeiture and vests, if at all, to the extent determined upon certification by the Compensation Committee of the Board of Directors of the Company, that the Company has achieved certain specified financial performance criteria during the three-year-period, January 1, 2020 through December 31, 2022.
- [F2]Stock options granted under the Lydall, Inc. Amended and Restated 2012 Stock Incentive Plan. Options become exercisable at the rate of 25% per year, beginning one year from initial grant date.